OAK RIDGE, TN (September 18, 2025) |
Y-12 Credit Union has been named a recipient of the 2025 Cobalt Award, presented by Jack Henry™ (Nasdaq: JKHY). The national recognition honors financial institutions and fintechs that are redefining service to members and communities through innovation, technology, and education.
Y-12 Credit Union was recognized in the Changemakers category for reducing fraud losses by 93% and decreasing manual interventions by nearly 80% through automation. The achievement positions the East Tennessee–based credit union as a leader in protecting members while advancing innovative financial solutions.
The award was presented Sept. 9 at the Jack Henry Connect annual client conference in San Diego, California. Y-12 Credit Union was honored alongside five other financial institutions from across the United States.
“Winning the Cobalt Award is a proud moment for Y-12 Credit Union and the members we serve,” said Chief Technology and Innovation Officer, Todd Richardson. “It is a testament to our team’s dedication to putting members first — protecting their financial well-being while leveraging innovation that enhances financial freedom. We are honored to represent East Tennessee on a national stage, and we will continue to provide excellence in innovation across all member services.”
In addition to the award, recipients were given the opportunity to designate a charity to receive a one-time $10,000 donation from Jack Henry. Y-12 Credit Union selected the Y-12 FCU Gives Foundation, furthering its mission to combat childhood hunger.
For more information about Jack Henry and the Cobalt Awards, visit Jack Henry.